Sound The Midnight Cry: “The Dawning Of A New Dey”
Written by admin on March 6, 2009 – 8:11 pm -This past week, Stephen Gallo, head of market analysis for Schneider Foreign Exchange told CNBC that the financial crisis will lead to the creation of a global central bank and a global single currency within 15 years. … Meanwhile, the global financial markets continue to plunge to lows not seen in decades More: Sound The Midnight Cry: “The Dawning Of A New Dey” Read More →
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The Economic Destruction of America - The First Step of A Global …
Written by admin on March 6, 2009 – 4:55 pm -From this, then, it is rather obvious that the best way to grab control over world currencies and establish one global “Fed” money authority is to engineer a global financial disaster that threatens the stability of the entire global banking system. As stability collapses and life … See the original post: The Economic Destruction of America - The First Step of A Global … Read More →
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Brown Calls For Bretton Woods II- What happened to Bretton Woods I …
Written by admin on March 6, 2009 – 9:51 am -It is “real money ” in the sense that no one has to be forced to accept it: they do so willingly. And thus, gold presents a problem for nation-state governments—they can’t manipulate it as easily as paper money Here is the original: Brown Calls For Bretton Woods II- What happened to Bretton Woods I … Read More →
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Two Versions Of What Caused Our Global Financial Crisis
Written by admin on March 6, 2009 – 7:18 am -it’s the paper money - stupid! letting Shillsteins in New Yawk create money out of thin air and then having them lend it to other Shillsteins to Lever up 30 to 1 no bottom till we get back on the GOLD standard and Shillsteins are out of business and in … The surprising thing about the current financial crisis roiling the world is that there is surprise. While triggers for financial crises throughout history have been different, the underlying causes have been the same. More here: Two Versions Of What Caused Our Global Financial Crisis Read More →
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As Problems in India and Russia Escalate, Let's Drop the BRIC
Written by admin on March 6, 2009 – 2:24 am -But now that the global downturn has hit, the four countries have diverged, and it is no longer clear what they have significantly in common. Money Morning actually raised some of these concerns in a two-part series that ran in August – back even before the … Indeed, since that Goldman paper was written in 2003, Russia has been transformed from a successful emerging market into a corrupt kleptocracy without the rule of law and with only oil exports propping it up Originally posted here: As Problems in India and Russia Escalate, Let's Drop the BRIC Read More →
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